New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-10-15
u7DBVBOVER AN INTERVIEW.
NJ. DE22w DENIES SEVERAL PHASES

II lpx'r TALK "cYc,oNrs AND rANIcs"-wAIL
srEn.4 ENCITEp ~ NEWSPAPER PCbL'CAiioN'
ABOUT .ENfEAL's PRESIDENT.
H. ,.i.oi,,l subject ol conversation in wall street
.-l. - vas a piil'slci interview with Chauncey NJ
lc,.s ~ 70. Louis II Iich the eloquch' pr'si1o" Va
, ~ Nr. York Central Railroad was represented IL pre-
,,in lin tlcli disturbances wIch c'iii DC u'S "ou
owl, "a, &c c...> 'lcs AMI cyclones mr. pePe" P"N'
,l ia, .,t tiat with Cornelius Nanlerot ho mas
.,i,, = thoron.h inspsc ion OF the Vanderbilt
,,,,t. t,. the alleged stat ncnis great Importance
r dis. effect on the STOCK market was cblliihs' pu
.r a H,ils tim, the in Iury was started "he'her dl'
r.., hat been correctly reported ORR ne hi III 'io
. . ..,r,.s Attributed to Inn whether there was not
r ,i,r motive concealed ulder them Wall street
i..,l.i in opigion ab0ut the matter. fne bears
t...- =, >flction. They declared That they hal
,,iu. the sane things for noAihs an were EraU-
r.Ir+aA.l authority had ho'n forced to the cohcn-
,t,tr.,, Duiltns had been carried to excess ana
,. .,i,.,o. IN corner lots in the Vest would meet
.+ ,.,..a,t. fl,cof undue expansion. The bulls in
.Nr D..,w cpuld not have said exactly what
,., van, ID, his mouth, IN innn-'crable inquiries
~ ,.. ,,ia, we're sent 20 mn Ihry argued thal ASIDE
,~,,. 81. n,.uon he could not have male statements
VINO. all have the mos disastrous ono"' Oh MS lol''-
icii ll'mc
,,. ..,rxt,I C. ME AFTER BUSINESS HOURS
=, ,s Mt nniH afr r the close OF business that any
. l.iu Wa, received ana the stock market
n although at a 81 ght ally from the lowest
... The Vauic.blt shares suffered the largest
,os as a rur bat he general m'rTe' felt the blow
, t,r fle i've nougs Of business staggered under it,
,,o,rc tie friends of sfre~i lent pc"w ticrc was
c,iLlt feeling that ms explanation wond he entirely
,isle,ory Tie hex OF any positive DENIAL was due in
mari 10 the fact that he was on his way back ID
N,York AM could not he easily reached 1t is ~ he
,,r.uac also. that when he received tho many dis
n,tcac, sent him he surprised at the co nmotlon
winch II. h4l caused The best information up TO 8
ococ, wa, the dispatch received Just before that hour
by r. =. Freeman Co.. ia which ". Dcpe| denied the
interview Il, published lie admitted that he thought
tl hd been too much railroad building. and That the
spr.;llion IN real estate in new towns had been over
doe said that these things were moi SHhcieh 10
aicct .cnoIl prospects, While MS Inspection 81 '"c
Vanderbilt lines hal dcinOjst rated That they "cr" never
IN better physical condition Ia some circles there WAS
,ncion tat politics As wei speculation hal some
,u. 10 do with the matter. but the theory was not eX-
,ainL Ii Wa, a- vague many others tn II have been
So m motion with an evident intention OF affecting the
stoca marseL
rHr d" BEAR" IDA OF TIE CASE.
The principal bear" brokerage house, which has
he.i plo iincnt the long continued onslaught On
y.iig. ca-.Ily accepted the printed interviews a.
oc,uraie. AMI said in its evening market letter:
Irc,i .,nj Dcrew stands 50 hiSh. ana ms omnion
caII> n.ch weight both here ana aotoal, 'h"' AZ &c
op.- if Was luorc imam aat-!.d every one "o"'HH
STOCKS anxious 20 get out
Tae letter ,iy3 further:
= af
III wa, generally conceded that ;r," statement 81
I'D. WAS exhibited re-ar'css OF any uro delliS
,r ln~ month, we have been warning oar customo.s
O; these conditions, and although I'iier Iiie ia mo 10y
We ale -ratiet that our oriloiI' nave oo'H 'S' -
50 ineh ava authority
At the Grsnl Central station injuries carry "'-H''eu
tie ode T. as to the correctness oi tho r.
u,riS d., financial department Was thc one l'ftV''ip
bonl.rleI with questions NO one knew rs " ni"Vf Oh
course, whether the Interview WIS accurate IL 81 us
de. N d. ani therefore little satisfaction could Dc
given TO nIurcrs. one visitor, plttln5 rae matter
Toe ially said The silence Is 80 profound ti"' ~ Pv
ting your ear the ground you can ctF tho ''o@' IAN
C.al, c. CT .rkc ig>t vice president OF tDe Nc"l Ola
Central sld reporter thar he had NOS irtd I'o pun
slod interviews and dil moo know wnc'her ihr' "ei"
correct ornot In reply to tho Suggestion iA"E ihey maj
oc,.onel mach talk Wi street Mr. Clara" replied
that Ae supposed people had right 10 tall "'o"t ihr
Il IS uu lcrstOol t.s ia private c'nFcr"Ati"u. ~hf1
saoken 10 a,out tho sub.;,nc o. tine l.''sic.t'"h' Ut
CLARKE declared that he could not believe tuA. MIR
Depcw, from his weiIS"wn conservatism AMI IA. 40
,o.uou q, look on the cheerful side OF itc had uttered
tie sentiments attributed TO Llm
WHAT MIR. DnPrW IFiNGEAPHTD.
NJ Depew i, on his way hone an! is expect ii to reach
this city Tai, afternoon II. C. Dnva secretary To ti6
pr. lent whom ASKED regarding tle mtier state mat
he hal tcc.ra,hel the extreme portions ii the inter
views along toe line OF the road with instructions to Dag
Nj Bepew's train wherever II could be canslt la tho
afternoon Mr.. Duval received tAc following dl'pit"h
from Franklin Depot. ONO, Signed ny President brpe"
Your message received. Said nothing about pam or
cvcl,uc commented The fact known Z" e'eryp"ly
That Tine veal est boom IN the towns hti cch lNei
tnn lar ,I t.rr. ll been considerable railroad build
in i.r.ilring oil lines. which would ne IMP. oh''4e
On tie haul the business ACTIVITY AZ "Vct r w.
AMI Northwest j. phenomenal ana AelliGy \ pei ,""1
ami careful inspection OF each Of Tho N.hues ii- lines
ni 1000 miles of track showed the highest dcjrc "i
orcciy AM condition to OOth lowe operating oN-
p,a,c. ai, work long Tine on very Hilc c. Yen',"i.
ii II lrcI:n. necessary ON TIE other hahl W" ni'h'iN
condition. of DER lines never hclte'. 11N tirH lI"7
pecrs earnings ANA dividends never moro sure AHls
APPLES o. the lines both cast and west oi ,hic.,'
IL tr. t That the expression the real e,ii" hooh
H. The 20 should read in new towns, the inl''@e
being posi- Die III the Geographic transmission
Mr.. DrPEW DOES NOT FEAR PANIC.
C0EaEClING SOME ERRORS IN REMARKS AIr"b-
UITD TO HIM ~ 81. LOUIS.
ClEvHIA1D, Oct IA (SpecGb.-thanncey W. Dope"
passed iarou n this city last nsnt with the NanAer
plriv on the way New-York Mr.. Depsw sad; -
hve been quoted by The ST. Louis Rcp"Iean a' saying
t.t sc l.e On the verge OF great financial crash
Am ,t, as aging that there Will be reaisia col
L.. nu financial cyclone, but don't jalk mat way